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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,701 | $95,915-58.6% | $79,580-50.1% | $134,532-70.5% |
| Participation rate | 22.2% | 75.0%-52.8pp | 69.5%-47.3pp | 81.2%-59.0pp |
| Annual return | -18.06% | -2.71%-15.3pp | 0.15%-18.2pp | 418.27%-436.3pp |
| Employer contribution / active EE | $420 | $3,129-86.6% | $2,413-82.6% | $4,741-91.1% |
| Participant deferral / active EE | $495 | $4,693-89.4% | $3,985-87.6% | $6,401-92.3% |
| Admin fee / account holder | $0 | $9,132-100.0% | $6,835-100.0% | $11,429-100.0% |